What is the market size of online gambling | Insights, Trends & Growth Analysis 2025

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Code: MTA10928

Publication Date: Nov 2025

What is the size of the Online Gambling Market?

According to 6Wresearch internal database and industry insights, the Global Online Gambling Market was valued at USD 95 Billion in 2024 and is expected to reach USD 145 Billion by 2031, growing at a compound annual growth rate of 5% during the forecast period (2025-2031).

The market is witnessing strong growth due to higher acceptance of digital transactions, widespread smartphone, accelerating development of online betting portals, incorporation of technologies like AI and blockchain, and favourable government regulations in different countries.

Key Growth Drivers of the Online Gambling Market

Rising of smartphones and high-speed internet
Increasing use of digital payment solutions and e-wallets
Adoption of advanced gaming technologies improving user experience
Rising participation in fantasy sports and sports betting
Rules from the government that make it possible to legally bet and play games online

Online Gambling Market Trends

Online Gambling Market is witnessing major growth with notable trends such as increased interest in live casino games offering real-time interaction. Rising popularity of sports betting platforms is transforming the market landscape. Mobile gambling apps are becoming more popular as people like how easy they are to use. Combining AI and machine learning is making gaming more personalized and helping to stop fraud. Blockchain technology and crypto payments are making transactions more open and safer. Virtual reality and 3D gaming worlds are making players more interested. More games are using subscription-based models and loyalty programs to reward players.

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Emerging Developments in the Online Gambling Market

Online Gambling Market is evolving with rapid technological advancements including the adoption of virtual reality casinos and immersive gaming experiences. Companies are investing in advanced fraud detection systems and responsible gaming tools. Platform providers are entering partnerships with sports organisations to support regulated online betting. The use of cryptocurrency-based gaming platforms is growing quickly. Data analytics is being used to keep an eye on what players like and change the offerings to fit. More money spent on research and development is making gaming UI/UX better, transactions faster, and live streaming. Regulatory approvals for online betting sites are being given out by governments, which opens up new markets.